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Purchasing Index

Name: Purchasing Index
Address: L6, 365 Little Collins Street, Melbourne, VIC, 3000, AU
Telephone: +61361110751

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Purchasing Index

PI has been providing Big Data, Machine Learning & Decision Automation Systems to inform strategic data-driven decision making in procurement since 1983.

08/02/2023

Procurement can often be overlooked or given less attention than other business functions, leading to inefficiencies and potential risks. 📈

This is why 2023 should be the year of procurement hygiene. By prioritizing procurement and implementing best practices, organisations can improve their bottom line, reduce risk, and maintain a positive reputation.

👉 Our ProcureTrak procurement analytics platform will aid you in cleaning up your procurement data, visualising opportunities and risks, and driving efficiency. Find out more on our latest blog article.

6 procurement hygiene priorities

24/01/2023

The business world has many mantras, one of which is: if it can’t be reported, it never happened. Many organisations worldwide are philosophically aligned with ESG initiatives. Aligning their business strategy, though, is often a step too far. Again, this is about visibility. You need to be able to track certain metrics and report on your success.

✅ Cutting-edge spend analytics software like ProcureTRAK grants this ability.

👍 Demonstrate and report on your commitment to ESG initiatives with ProcureTRAK’s bespoke suite of dashboards.

⬇️ Click below to learn more now.

View ProcureTRAK’s bespoke suite of dashboards

09/01/2023

All businesses are looking to minimise costs while reducing risk, particularly at a time of high inflation. While many organisations know that there are savings to be had in the area of labour hire, they don’t have the visibility to realise them.

✅ ProcureTRAK takes a deep dive into your workforce, breaking it down and identifying where your labour hire exists, its value and the risks it may expose you to.

🔗 ProcureTRAK gives you vital visibility! Find out 4 ways procurement can better manage labour hire on our latest blog article now.

ProcureTRAK gives you vital visibility!

30/10/2022

Pitching to management is a very particular task, and it has to be done right.There are two main ingredients to a successful pitch: soft skills and data. Let’s dive into each - https://fal.cn/3tbg0

✅ Develop your presentation skills, arm yourself with the right data and get behind successful C-suite pitching now!

Learn the skills behind successful C-suite pitching

26/10/2022

Take the final – and most transformative – step with ProcureTRAK’s Project Charters. It’s the culmination of rigorous data mining and extensive surveys.

📌Our Data Suite Series blogs have taken a journey through your organization. Project Charters give you the opportunity to take advantage of all the work that’s gone before and transform it into real-world savings and category optimisation.

👉Get in touch with the team at Purchasing Index and take your procurement function to the next level

Take the final – and most transformative – step with ProcureTRAK’s Project Charters.

05/10/2022

Spend analysis is another tool to help procurement officers make better decisions around suppliers and sourcing. It’s intended to decrease costs, improve efficiency and drive innovation. It achieves this through a process of identifying the relevant data, gathering it, cleansing it, categorising and analysing.

✅ ProcureTrak is your spend analysis solution! ProcureTrak is a state-of-the-art, bespoke spend analysis software. This is a highly-customisable piece of software, able to be tailored precisely to your organisation’s needs.

🧐 Find out more now! -

What is spend analysis in procurement? Learn more now!

30/09/2022

Consumers are demanding and governments are regulating dramatically improved standards in sustainability performance.Organisations worldwide are acutely aware of this, but implementing green supply chain management is no simple task.

✅There are established methods of green supply chain management and they can be learned.

🧐 Academy of Procurement offers in-depth courses on Sustainable Procurement that focuses on environmentally-conscious initiatives with an overall positive economic value! -

Academy of Procurement offers in-depth courses on Sustainable Procurement!

26/09/2022

All organisations have one particular concern in common: proper allocation of finite resources. The difference between doing this right and doing it wrong is boom and bust. This concern touches all aspects of business, but none more so than procurement!

✅ Get an objective eye on your categories. Discover where your resources are best directed.

👉 Get in touch with the gurus at Purchasing Index today, and start putting your money where it’s best spent! -

Discover where your resources are best directed.

12/09/2022

There is absolutely no reason why SMEs can’t take advantage of modern AI and machine learning to reduce supplier risk, increase the ability to drive savings as well as mitigate, as far as possible, environmental and political factors.

Purchasing Index can guide you through the implementation of the latest data analytics and help tailor it to your organisation.

👉 The goal is to make this information readily available and understandable to anyone in the organisation involved in procurement strategy -

The world has never been a riskier place. Only procurement strategy that takes into account all forms of data can navigate the pitfalls.

30/08/2022

Every company has some form of ERP system, but not many have a specific contract management system. Instead you may be relying on Excel spreadsheets to keep track of contracts. The problem is, this type of software is totally inadequate!

✅ Our suite of Contract Tracking dashboards is affordable and intuitive. Compared to the efficiency it delivers, it’s one of the most cost-effective procurement platforms on offer.

👉 Get in touch with Purchasing Index today and start getting on top of your contract management -

Why do you need a specific Contract Reporting System?

25/08/2022

RPA (robotic process automation) is the new recruit. It’s the fresh-faced employee, ready to be tasked with all the annoyingly mundane, repetitive tasks no one wants to do but are, nonetheless, absolutely vital to an organisation’s day-to-day running.

How can RPA benefit your organisation? Organisations worldwide are putting together teams dedicated to analysing all processes and identifying the tasks most suitable to RPA.

👉 Learn more on our latest blog article now -

Get robotic automation to take care of repetitive, simple tasks; get humans to focus on more complex analysis and innovation!

16/08/2022

Why do we need greater SME participation in public procurement? What are the challenges? What can you do to help SMEs become a bigger part of procurement? There’s no doubt the Australian government is committed to securing more participation from SMEs and minority-owned businesses. Recent initiatives make this loud and clear.

👉 Find out more on what’s being done in this important area, and what businesses can do to forge successful relationships with small, local suppliers -

Why do we need greater SME participation in public procurement?

Address

L6, 365 Little Collins Street
Melbourne, VIC
3000

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+61361110751

Website

https://p-i.com.au/

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